US$ 500 million credit for raw materials for local industries

Date:

Sri Lanka will receive US$ 500 million under the Indian debt facility for the importation of goods including raw materials for local industries, revealed the Industry Ministry.

Accordingly, the goods will be imported to the country expeditiously based on priority, said General (retired) Daya Ratnayake, Secretary to the Industry Ministry.

He added that the shortage of many essential raw materials may be eliminated within the next few weeks.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Extra Buses and Trains Rolled Out to Ease Festive Travel Rush

Extra Buses and Trains Rolled Out to Ease Festive Travel Rush

Fisheries Sector Counts Heavy Losses After Recent Calamity

Fisheries Sector Counts Heavy Losses After Recent Calamity

Health Authorities Caution Public Over Rising Accident Risk During Festive Travel

Health Authorities Caution Public Over Rising Accident Risk During Festive Travel

Public Warned of Electrical Dangers During Festive Celebrations

Public Warned of Electrical Dangers During Festive Celebrations